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20121202
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Search Results 0 to 18 of about 19 (some duplicates have been removed)
recovering from devastation caused by superstorm sandy. >> i think the most likely explanation here is sandy's impact was significant but was so short-lived that it didn't extend to the sample period of the employment report which was the week that covered november 12. >> reporter: hiring was also supposed to be weak due to worries about the fiscal cliff. with $600 billion in automatic tax hikes and government spending cuts set to start next yer, why aren't more firms postponing hiring decisions? >> what we're hearing from businesses is that it is really hard to actually pull back hiring right now, because they've already fired so many workers, gotten so lean that it's really difficult. >> reporter: but not all the surprises in the report were good. at 7.7%, the unemployment rate hit its lowest level since december 2008. but that was mostly due to people giving up their search for work. and there's another disappointing trend, weak wage growth. >> what we are not seeing is strong income generation. the slowing in wage gains-- the weak bargaining power of labor comes across in this report and
much. five weeks after superstorm sandy, how many are still in the cold and dark? and the haunting image of a man pushed in front of a train when the "cbs evening news" continues. do you often experience the feeling of a dry mouth? it can be the side effect of many medications. dry mouth can be frustrating... and ignoring it can lead to... sipping water can help, but dentists recommend biotene. biotene moisturizes and helps supplement some of saliva's enzymes, providing soothing relief when you need it most. don't ignore dry mouth... look for biotene in your oral care section today. this has been medifacts for biotene. [ male announcer ] the rhythm of life. [ whistle blowing ] where do you hear that beat? campbell's healthy request soup lets you hear it... in your heart. [ basketball bouncing ] heart healthy. great taste. mmm... [ male announcer ] sounds good. it's amazing what soup can do. [ male announcer ] sounds good. i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on m
for around $50 billion to aid states ravaged by superstorm sandy. a partisan battle could ensue over the request. it falls short of the combined $82 billion sought for rebuilding efforts in new york, new jersey, and connecticut. a new federal study has found that the practice known as fracking can cause earthquakes. oil and gas operations caused the majority if not all earthquakes in certain areas of new mexico and colorado between 2001 and 2011. the report's co-author called fracking is as high risk that we need to be considering. washington state put into effect two news laws today with major national significance. as of midnight, possession of up to 1 ounce of marijuana is now legal in washington state, following the approval of a state ballot initiative last month. in enacting the measure, washington is the first state to decriminalize recreational marijuana use and the first to do so anywhere by popular vote. meanwhile, same-sex marriage is also now legal in washington as of midnight after also having been approved by voters on election day one month ago. those are some of the h
liberty. despite surviving superstorm sandy the statue of liberty remains off limits to visitors. >> this is the "cbs morning news" for wednesday, december 5, 2012. >>> good morning. good to be with you. i'm terrell brown. we begin with negotiations to avert the so-called fiscal cliff both republicans and white house hold their lines and no formal talks yesterday. president obama said he wasn't ruling out some reductions in entitlement programs such as medicare and social security, meanwhile house speaker john boehner has to win over hard liners in his own party. susan mcginnis is following it all. >> reporter: hi. good morning. there are some glimmers of common ground here among the two sides that could form the basis of a deal. the president is now talking about actually lowering the tax rate for the top 2% not now but later. and republicans are now taking some heat over their latest plan a lot of it from within their own party. >> five, four -- >> reporter: house speaker john boehner led the countdown to the lighting of the capitol hill christmas tree last night. >> one. >> re
to get up. >> you okay, buddy? >> more than a month after superstorm sandy, a family living in a borrowed apartment is trying to put its life back together. >>> plus, back behind bars. john mcafee under arrest and get this. he's blogging from jail. >>> and could an online review of a business get you sued? a new case raises the question, just how far can you go when you sound off online? tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. wooohooo....hahaahahaha! oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you know ronny folks who save hundreds of dollars switching to geico sure are happy. how happy are they jimmy? happier than a witch in a broom factory. get happy. get geico. fifteen minutes could save you fifteen percent or more. hurry in and try five succulent entrees, like our tender snow crab pair
of water in that thing after superstorm sandy. i postponed giving him an answer because i hadn't looked at this company since it was spun out from itt last year. i always knew they had this great plumbing pipe division. xylem is an exciting pure play water company with products involved in the transportation, treatment of water. is there a way to play water? i'm using xylem from now on. this one sells water and waite water pumps along with filtration, disinfection, and biological treatment equipment primarily for utilities. stock's only up 3% for the year. but there's a reason. there's always a reason when the good ones aren't working. right? always a reason. and the answer is europe accounted for 37% of sales. >> the house of pain. >> yeah. that's last year. so we're concerned the weakness over there will dampen any positive effects from sandy. the president's asking for a huge ton of money now for sandy. if you want to own xylem i think you have to wait for a pullback maybe down to 24. that's a couple bucks below where it is now. but i am intrigued by this one. intrigued for certain.
: well, it was a storm for the record books. superstorm sandy devastating parts of the east coast. it may have been just a category 1 hurricane, just a category 1 but remember, remember this warning from our very own janice dean? >> a million people could be affected by this storm. so people like, oh, it is a northeast storm. only a category 1. what is the big deal? no, this is an impressive storm. this is not just a tropical system as jenna mentioned. we have basically a hurricane inside a giant nor'easter for the record books. the lowest pressure on record at this latitude. so that is impressive. what pressure means, the lower it goes, the stronger the storm that we are dealing with. jenna: if you remember this but at that time when janice was giving us that forecast it was going back and forth. is it a hurricane, is it not a hurricane, is it a hurricane? now the national hurricane center is taking a lot of heat because it didn't issue hurricane watches and warnings. the center proposed changes to criteria for storm warnings for everybody because of this one storm on the east coast. wha
billion in preventive measures in the event of another storm. monday marks six weeks since superstorm sandy slammed into the northeast. thousands of americans still suffering out there in the cold temperatures, and the tempers are flaring over fema's slow response and the lack of housing. >> it is the people in the area that have helped each other. forget red cross. forget all of these other agencies. it was the people that came from all over the united states to help the people. red cross don't deserve credit. they are here now because they are hereafter the fact. >> now good news on the horizon, one hopes, for victims needing shelter in new jersey. let's bring in new jersey congressman. thanks for being with us. as i understand it you got off the phone with the administrator yesterday evening. he finally promised by monday to provide some of the temporary housing. you know, the mobile homes and the trailers. but my goodness, everybody knew there were thousands of new jersey residents without a place to live six weeks ago. why would it take fema six weeks to do the obvious? >> they a
don't think that war ever technically ended. and superstorm sandy brought devastated and will cost tens of billions of dollars and now the president is asking congress for 60 billion to help with the cleanup. peter doocy is live in washington with the latest on the recovery efforts. >> reporter: good morning, clayton, you're right the white house wrote a letter, the speaker of the house, to request 64.4 billion dollars and the number recommends funds needed to finance a recovery effort and help the region prepare for future challenges, including future severe storms and flooding as well as impacts associated with a changing climate. just because the white house is requesting 60.4 billion dollars doesn't necessarily mean it will be easily approved by the house of representatives, because money is tight right now and as spokeman for speaker boehner says simply, we have the request and we will review it. four u.s. senators from new york and new jersey, chuck schumer robert menendez and kirsten gillibrand says the money might get caught up with people wanting it elsewhere. and it's a
to address the devastating impact that super-storm sandy had a run -- had on our regional transportation, the most widely new transportation network and unprecedented damage to our system and estimates of the damage have reached more than an $7 billion. across the regent, a train tunnels, stations, railyards all flooded with critical equipment ruined and some of that equipment, unfortunately, was barely know -- fairly new. these pieces of equipment have been rendered almost useless. we seem an almost incomprehensible of damage in this picture. a boat dragged across the new jersey transit tracks. roads and bridges were damaged, left littered with debris. the holland tunnel, a major commuter route facility, carries thousands of vehicles every day in new york city-owned it was flooded. the damage to our infrastructure did not just cause structural problems but it shut down a region. for many commuters, getting to work became a much longer, hardy was, and expensive experience. you can see why, from this picture at the hoboken have station. it's hard to believe the water was 6 feet high -- at
called to address the devastating impact that super-storm sandy had on our regional transportation, the most widely new transportation network and unprecedented damage to our system and estimates of the damage have reached more than an $7 billion. across the regent, a train tunnels, stations, railyards all flooded with critical equipment ruined and some of that equipment, unfortunately, was barely know -- fairly new. these pieces of equipment have been rendered almost useless. we seem an almost incomprehensible of damage in this picture. a boat dragged across the new jersey transit tracks. roads and bridges were damaged, left littered with debris. the holland tunnel, a major commuter route facility, carries thousands of vehicles every day in new york city-owned it was flooded. the damage to our infrastructure did not just cause structural problems but it shut down a region. for many commuters, getting to work became a much longer, hardy was, and expensive experience. you can see why, from this picture at the hoboken path station. it's hard to believe the water was 6 feet high. this
.3 billion in transportation-related damages due to superstorm sandy. of that total, the new york mta suffered about 5 billion in dages. it's huge. i never saw anything like it. we have the longest underground tunnel in the world in the brooklyn battery tunnel. i take it almost every day i'm in new york city because my home in brooklyn is connected to it. it was totally filled with water. both tubes, from one end to the other, from the manhattan end to the brooklyn end. ere were close to 100 million gallons of water that had to be pumped out of that tunnel and it's still not back up to snuff. that's one of many examples. there's so many. the mta did a very good job. i want to congratulate joe lhota. they moved their rolling stock to high ground. tried to barricade this awful flood in the best way they could. boy, it's awful. the mta is the largest public transportation system in the country. it's the life blood of new york. it's our circulatory system. 3.5 million people g on and off manhattan island every day to work. wow. 3.5 million people. i guess that's more than the people in mi
been affected by superstorm sandy. i'm very grateful for the very productive conversations we've had with governor cuomo, with the delegation, with our appropriators, along with our leaders. i just want to thank you for being so thoughtful and hopeful in trying to create the best momentum possible for the recovery that our families need. particularly eknow that as you soffered -- suffered through hurricane katrina and the enormous work you have to do to rebuild new orleans and other surrounding areas, your advocacy during that time was extraordinary. and i really appreciated then you said that you would stand i us in the way new york stood by you in that difficult time, that was extremely kind. i also want to talk a little bit about how this storm is affecting our families and what kind of recovery is it's actually taking to rebuild. obviously millions of peoples' lives have been affected. more than 40 new yorkers, more than 40 new yorkers have died and millions were left with significant damages to their homes, neighborhoods, businesses and families. one story is a man, pedro correa
Search Results 0 to 18 of about 19 (some duplicates have been removed)